The act of engaging in a high five whilst still in the air after completing a 360 degree spin. The 360 high five is only to be used after an act of total awesomeness.
*WARNING* the over-use of the 360 high five can result in injury or even death
Guy 1: Dude! Last night I did anal with my girlfriend!
Faggot 1: OMG! I did the same with my boyfriend!
Guy 1: ...that's kind of gay...360 HIGH FIVE!!
*360 high five*
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